Unformatted text preview: bonds are looking at a time when they are not so expensive. What are the payroll taxes paid by employees? What are the payroll taxes paid by the employer? What types of reports are used to document to the government the payroll taxes paid by the employee and employer? The payroll taxes paid by employees are FICA (which is social security and Medicare), Federal tax, and State tax. The payroll that is paid by the employer are FICA, FUTA, and SUTA. Some of the reports that are used to document to the government the payroll taxes that are paid by the employee and employer are the W-2 and another that I can think of is the form 8109....
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This note was uploaded on 03/28/2011 for the course ACCT 349 taught by Professor Goyal during the Spring '09 term at University of Phoenix.
- Spring '09
- Financial Accounting